DJIA Update April 11, 2008

The short tem uptrend line (line 1 = 12,511.71) is broken with DJIA lowest at 12,302.06. Line 1 is now serving as resistance. Let's see on April 14, 2008 if DJIA will get back on line 1 which will be crossing at 12,553.67 or heads down further. Check the DJIA line update on the sidebar to monitor the levels. We are looking closely on the lowest of the day and not the closing. Line 3 can provide support.